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Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.
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Stocks rallied after the U.S. and China said they would slash tariffs on each other's imports for 90 days.
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China signals the latest tariff hike will be its last round of tit-for-tat measures, prompting sharp falls in European shares, as Asian stocks end the day mixed.
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The president announced he would raise tariffs on China to 125% "effective immediately" but said he was pausing big hikes on other U.S. trading partners to allow time for trade negotiations.
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Some of China's America watchers see opportunities for their country in the United States' retreat from international institutions. Others see distractions and pitfalls.
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Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."
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China will impose additional tariffs of up to 15% on imports of U.S. farm products, including chicken, pork, and soy. They follow Trump's order to raise tariffs on imports of Chinese products to 20%.
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Developments in the Ukraine-U.S. relationship have regularly made headline news in Taiwan lately. Many in Taiwan compare Ukraine's fate to its own, as China continues to threaten an invasion.
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President-elect Donald Trump spoke on the possibility of delaying a ban less than 24 hours from when the social media app is expected to shut down.
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When President Donald Trump takes office for his second term, one of the key foreign policy and economic issues he’ll face is the U.S.’s relationship with China. Under President Xi Jinping China is both one of the world’s wealthiest countries, and one of its most repressive. PBS’s FRONTLINE investigates how the Chinese leader is wielding power, and the far-reaching impact on China, the U.S. and the world.